Wyse Accelerates Flash for Virtual Desktops
Should improve the quality of streaming video over virtualized PCs.

FDIC to Relax Bank Auction Proposals
Regulators in Washington are fiddling with proposals to make it easier for private equity firms to buy failed banks, sources close to the discussions said.

BATS Europe Targets Market Share of London Stock Exchange
Offers pricing special in September, wih 0.40 basis point rebate for adding liquidity, and a free liquidity removal incentive in UK stocks.

Television executives reach for reset button
Broadcasters, faced by plummeting advertising revenues, are at a critical moment and many of the threatened incumbents must redefine their businesses if they are to find growth once more

Survey of Quants Finds Risk Management Is Larger Part of Role
Since the financial crisis, 36 percent of quants and risk professionals report that risk is a greater part of their job, according to 7City Learning’s new survey.

Meet the New King of All Media
Will ever-more-sophisticated video games make movies obsolete?

Daniel Cotti Joins JP Morgan Treasury Services as Global Trade Services Executive
Joins JP Morgan after leading combined RBS/ABN Amro global trade finance business.

This Tech Sector Is Back With a Vengeance
Don’t miss the boat when the semiconductor market recovers. You’re already lagging, but there’s plenty of growth left if you invest today.

Deutsche Borse Selects IBM Messaging Technology for Future Trading System
New technology infrastructure will deliver efficiency, speed and throughput across all Deutsche Borse Group’s exchanges.

The Best Investor Around: the U.S. Government?
The government is reaping profits on its banking investments. But hold the confetti.

Hollywood aims to leap language gap
Hollywood studios have awoken to the potential of local language productions. The industry’s new interest in the sector is a break with the past, when studios assumed international audiences could survive on a diet of English-language fare

Economic Report: Australia’s current-account deficit widens
Australia’s current-account deficit widens more than expected, doubling in the second quarter from the first quarter.

Movers & Shakers: Monday’s biggest gaining and declining stocks
MarketWatch’s daily rundown of major gainers and decliners in the stock market.

Latin American Markets: Petrobras share slump paces Brazilian-index drop
As Brazil’s equity benchmark drops sharply, a key factor is a slide in market heavyweight Petrobras, as investors react to government and company plans aimed at managing the country’s major offshore oil reserves.

Economic Report: China official PMI rises for sixth straight month
One of two competing indexes measuring manufacturing activity in China rises to 54.0 in August from 53.3 in July.

Economic Report: Australia manufacturing shows gains in August
A key Australian manufacturing gauge marks its first rise into expansionary territory in 15 months.

Direct Edge continues with flash orders
Direct Edge, the US equity-trading platform, will continue with controversial flash orders, even though two of its main rivals will formally cease providing the service

Wall Street falls amid deals
US stocks fell back amid a flurry of deal-making as investors focused on a further steep decline in Chinese stocks

Stocks to Watch: Stocks in focus for Tuesday
Among the stocks expected to see active trade Tuesday are those of Contango Oil & Gas, Donaldson, Take-Two and VeriFone.

App developers wary of Apple’s influence
The success of the new model of co-operation around the App Store has exposed Apple to interest from regulators and is provoking a backlash in parts of Silicon Valley

Wall Street falls amid deals
US stocks fell back amid a flurry of deal-making as investors focused on a further steep decline in Chinese stocks

Economic Report: China official PMI rises for sixth straight month
One of two competing indexes measuring manufacturing activity in China rises to 54.0 in August from 53.3 in July.

U.S. carbon rules to challenge big and small
With climate change legislation rising as the biggest and most complex government program since health care reform, everyone from corporate America to Joe Six Pack will be touched by changes underway in Washington and elsewhere.

U.S. pay czar starts review of TARP firms’ proposals
WASHINGTON (Reuters) – The U.S. pay czar has begun reviewing the appropriateness of the richest pay packages proposed by firms that received billions of dollars in government aid.

After Hours: YRC Worldwide climbs, E-Trade up in evening trades
YRC Worldwide Inc. shares jump late Monday after the trucking firm landed favorable liquidity terms under an amended credit agreement, and American International Group shares moved lower after the company said it will enter into binding arbitration with two former executives.

SEC warns on broker-dealer pay incentives
WASHINGTON (Reuters) – U.S. regulators warned broker-dealer firms about creating incentives that may lead their brokers to engage in questionable conduct such as recommending unsuitable investment products, the Securities and Exchange Commission said on Monday.

U.S. judge rules against AIG in Starr case
NEW YORK (Reuters) – A U.S. judge ruled on Monday against American International Group in the insurer’s legal battle with Starr International Co, affirming a July jury verdict that Starr did not breach a trust.

Intel forecast raises hopes for PC revival
Intel delivered another shot in the arm for the reviving PC industry, as the world’s largest chipmaker raised its financial guidance for the current quarter

Neurobiological Technologies Announces Board Approval of Plan of Liquidation and Dissolution

U.S. pay czar starts review of TARP firms’ proposals
WASHINGTON (Reuters) – The U.S. pay czar has begun reviewing the appropriateness of the richest pay packages proposed by firms that received billions of dollars in government aid.

China Mass Media Reports Second Quarter 2009 Unaudited Financial Results

Baker Hughes snaps up BJ Services for $5.5bn
Baker Hughes, the oilfield services provider, said it would buy pumping group BJ Services for $5.5bn in cash and stock to gain a foothold in the pressure pumping market

China Mass Media Reports Second Quarter 2009 Unaudited Financial Results

Wall Street confidence rising but Sept peril looms (AFP)

AFP – With confidence rising of a recovery from recession, Wall Street faces historically its worst month of the year with memories still fresh from last September’s financial market debacle.

Time to Take Action? (BusinessWeek)
BusinessWeek – After the bear market wreaked havoc on your investments, did you kick any loser funds to the curb in favor of a simplified portfolio? If so, you’re not alone. The trend to eschew actively managed mutual funds in favor of low-cost index funds has intensified during the recession, with investors adding more than $253 billion in funds with “passive” investing strategies since the end of 2007, vs. $72 billion taken out of active funds. In the first half of 2009, almost $22 billion in new cash was added to equity index funds, vs. $20 billion in net outflows for active stock funds. …

European shares fall as China plunges nearly 7 pct (AP)

AP – European shares fell Monday after Chinese stocks plunged nearly 7 percent and Japanese shares weakened after that nation’s opposition party came to power in a landslide victory.

FTSE shares close up on positive data (AFP)

AFP – London stocks finished up on Friday after data showed Britain’s recession was not as deep as expected in the second quarter.

Federal Reserve made $14 billion on turmoil loans: report
LONDON (Reuters) – The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.

Regional surveys show U.S. economy picking up
CHICAGO (Reuters) – A flurry of reports on Monday showed U.S. regions picking up economic steam in August, suggesting the United States is breaking free of its deep recession after almost two years.

Nasdaq OMX Unveils Top of PHLX Options with Lower Latencies
PHLX offers direct access to options data feed based on Nasdaq OMX’s high-speed INET architecture.

Chi-X Global and SGX to Launch First Exchange-Backed Dark Pool in Asia-Pacific
Non-displayed trading platform will start trading in first half of 2010 and technology will be developed by Chi-Tech.

U.S. Government Gets Money Back from Banks
The U.S. government turned a profit and collected all of the aid it gave eight large and 14 smaller banks during the taxpayer-funded rescue, new calculations indicated.

Amotz Asa-El’s View from Jerusalem: Lost Protestant ethic found in Jewish state
The U.S. recession, already its longest since the Depression, has yet to die, but Israel’s is already being eulogized, as the Jewish state unwittingly supplies America with sobering food for economic thought.

Gartner to chipmakers: Focus on China
Chip makers should turn their attention to China, where a government program is expected to boost home electronics demand by 20%, Gartner tech-industry researchers say in a new report.

Tech Stocks: Techs sink as broader market retreats
The tech sector sinks in a broader market sell-off as investors react to declines in China’s stocks.

Disney to acquire Marvel for $4 billion
Walt Disney Co. strikes a deal to acquire comic-book titan Marvel Entertainment for $4 billion in stock and cash, a move that underscores the buyer’s desire to have strong box-office franchises with appeal to families.

Apple to launch iPhone in China
Apple has reached an agreement with China Unicom to release its iPhones on the world’s largest mobile market in the fourth quarter

Marsh on Monday: At 60, China’s system is strong, but vulnerable
For all the explosive power of the Chinese economy and the dizzying rise of foreign exchange reserves, a bizarre strand of cultural unworthiness vis-à-vis the West still seems to run through China despite its many centuries of economic achievements.

Asia Markets: Japan undoes rally; market mulls election impact
Japanese stocks give up early gains, turning negative, while analysts look at what the change in political leadership means for the markets and the economy as a whole.

Outside the Box: Mutual-fund shareholders should protest unfair tax
If you’re among the millions of investors who own mutual funds in taxable accounts — and, therefore, have been unfairly taxed on the funds’ annual distributions of long-term capital gains — you now have what may be your most timely opportunity in years for relief.

Brett Arends’ ROI: Yes, there’s even a risk in Treasury bond funds
Investors in long-term Treasury bonds and high-grade corporates run a serious risk of losing money in real, inflation-adjusted terms, over the next few years. They may lose money even before you count inflation.

Doomed Stocks You Should Avoid
Right now, you should be particularly wary of these companies.

Italian regulators probe Google News
Italian antitrust investigators descended on Google’s Milan offices, bringing the latest flare-up in Europe over the US internet group’s increasing influence over the traditional print-based media

Asia Markets: Japan undoes rally, market mulls election impact
Japanese stocks give up early gains, turning negative, while analysts look at what the change in political leadership means for the markets and the economy as a whole.

US stocks stay positive despite rally fatigue
Equities ended the week a fraction higher, having slipped during the day as the rally tired